MONEER618: BTC goal from 23217 to 10672
Updated
After warning of the collapse of Bitcoin
titled
1-Moneer 618, warns of the collapse of Bitcoin on Oct 6, 2021
2- Tracking the warning from the collapse of Bitcoin on Dec 9, 2021
We continue to succeed in forecasting and analysis
Predicting the bottom of bitcoin
===========
We had talked in previous analyzes that the wave of
64854 to 28805
And from 28805 to 69000
A B C
Then the decline that occurred so far.
There were three possibilities for the structure or form of the wave:
1- The first possibility: (running flat )
Only this type corrects 61.8%.
This level has been exceeded
Therefore, this type is considered non-invasive
2- The second possibility:( regular flat )
Only this type corrects 100%
This level has been exceeded
Therefore, this type is considered non-invasive
2- The third possibility: ( irregular flat )
this type corrects more then 100% to 161.8 - 300% max
Provided that 100% of the wavelength a. passed
the meaning
We can correct to 127%-141% to the weighted ratio 161.8%
to 300% max
Therefore, this type is considered the most likely
=========
We will apply the third possibility to the drawing
And you will see how Bitcoin deals with Fibonacci lines with precision
The big wave drawn by the black line
The goal will be
1- 23217
2- 18170
3- 10672 weighted percentage 161.8%
It may suffice with the first or second goal or the weighted percentage
It is recognized by the strength of the ascent from the point and the internal structure of the ascending wave.
===============
Shrinking the image further, we put the Fibonacci lines on the last wave
From 69,000 to the bottom 32917, then the last high at 48,189
blue balloon
Here we will apply the same probabilities
Our first target is at 61.8% at 25889
Second target of 100% at 12106
=========
What do we see in our graph and where are we going
The actual targets of the big wave will be with the black lines
1- 23217
2- 18170
3- 10672
The current rise, if you notice, starts at the 1.14% line from the level of 27904
So we must visit one of these numbers
========
The second point of the wave is a blue balloon
from 69000 = 32917 =48189 to now
targets
1- 25,889
to me
2- 12106
The ascending waves from these numbers are in blue colour. It is very likely that it will be sub-waves
So we will deal with any height before we get to the numbers. The big wave in the black balloon as sub-waves
To make sure of the internal structure of the wave
=====
Conclusion
Our goal is between
23217 to 10672
Analysis finished
It was explained in boring detail so that everyone could understand and get the idea well
Not an invitation to buy or sell
Just to help understand the price action of Bitcoin
With regards
MONEER 618
titled
1-Moneer 618, warns of the collapse of Bitcoin on Oct 6, 2021
2- Tracking the warning from the collapse of Bitcoin on Dec 9, 2021
We continue to succeed in forecasting and analysis
Predicting the bottom of bitcoin
===========
We had talked in previous analyzes that the wave of
64854 to 28805
And from 28805 to 69000
A B C
Then the decline that occurred so far.
There were three possibilities for the structure or form of the wave:
1- The first possibility: (running flat )
Only this type corrects 61.8%.
This level has been exceeded
Therefore, this type is considered non-invasive
2- The second possibility:( regular flat )
Only this type corrects 100%
This level has been exceeded
Therefore, this type is considered non-invasive
2- The third possibility: ( irregular flat )
this type corrects more then 100% to 161.8 - 300% max
Provided that 100% of the wavelength a. passed
the meaning
We can correct to 127%-141% to the weighted ratio 161.8%
to 300% max
Therefore, this type is considered the most likely
=========
We will apply the third possibility to the drawing
And you will see how Bitcoin deals with Fibonacci lines with precision
The big wave drawn by the black line
The goal will be
1- 23217
2- 18170
3- 10672 weighted percentage 161.8%
It may suffice with the first or second goal or the weighted percentage
It is recognized by the strength of the ascent from the point and the internal structure of the ascending wave.
===============
Shrinking the image further, we put the Fibonacci lines on the last wave
From 69,000 to the bottom 32917, then the last high at 48,189
blue balloon
Here we will apply the same probabilities
Our first target is at 61.8% at 25889
Second target of 100% at 12106
=========
What do we see in our graph and where are we going
The actual targets of the big wave will be with the black lines
1- 23217
2- 18170
3- 10672
The current rise, if you notice, starts at the 1.14% line from the level of 27904
So we must visit one of these numbers
========
The second point of the wave is a blue balloon
from 69000 = 32917 =48189 to now
targets
1- 25,889
to me
2- 12106
The ascending waves from these numbers are in blue colour. It is very likely that it will be sub-waves
So we will deal with any height before we get to the numbers. The big wave in the black balloon as sub-waves
To make sure of the internal structure of the wave
=====
Conclusion
Our goal is between
23217 to 10672
Analysis finished
It was explained in boring detail so that everyone could understand and get the idea well
Not an invitation to buy or sell
Just to help understand the price action of Bitcoin
With regards
MONEER 618
Note
We will track the waves of Bitcoin, and update every opportunity that arises to be aware of what's new. Good luck everyone.Note
Note
The graphic shows the expected scenario of the current wave shape
It is expected that we will take a long time in the horizontal oscillation
---------
Complete Bitcoin Follow Waves
We find that the last rise was composed of 3 flat waves
It was not an impulsive wave as some had expected, and we were temporarily enjoying that wave from 26700 to 31083.
So, Any current rise is a sub-wave within the descending wave, and we have not reached the bottom yet
So please deal with these waves on this basis.
Until it reached the goals or the formation of an ascending pentagonal wave.
good luck for everbody
good night
Note
As was expected so far, the bullish wave from 26700
Flat type A B C
After climbing from 26700 to the top 31083
The correction was corrected to 50% at 28630 and then came back to complete the wave so far which is the highest peak recorded.
31460
It is assumed not to exceed an area of 32917.
It was be, our target for wave C from the top 31083 is 2-5%
But it only posted an uptick from the 31,083 top of nearly 1% at 31,460
===
Note
This is the expected scenario for the movement of Bitcoin
Note
In a previous analysis on February 22, 2022
I did the analysis on the basis of temporal analysis and trigonometry
The first target was at the level of 32950, and it was 100% achieved.
We expected to have a second downside target at 16950.
This is the analysis picture
Corresponds to the analysis of Elliott waves and Fibonacci lines
Note
Sorry it was on February 07, 2022Note
For thisMONEER 618 expects Bitcoin to bottom at around 16950
Some may not like it, but this is my opinion
Not an invitation to buy or sell
Good luck for everbody
Note
Bitcoin's lowest point was 26700 on May 12th
And we said in a previous analysis: This wave is expected to be of flat type A B C
And that this wave takes a long time in the horizontal oscillation. This was on the 14th of May
-------
So far, this is exactly what happened in the Bitcoin movement from history May 12th to now
-------
So far, Because that's mean is expected to be the fourth sub-wave of the main third wave.
after that we have Fifth wave descending
To complete the main third wave.
-------
Then we have the fourth major upward wave.
This wave will be large and the horizontal volatility is greater than the current wave. When we reach it, many analysts will expect that we have reached the bottom.
But it will be a deceptive wave due to the long period of time and the large fluctuations that will occur in it.
So I tell you now what will happen and don't be fooled by things when they happen in the future.
Because after this wave, there will be a decline in the fifth major bearish wave to reach the target drawn at the top of the pag
Note
Note
We are almost done with the fourth waveWave E minimum 20% to 61.8% of the length of wave D
20% equals about 29,316
61.8% is equivalent to 30,388
Therefore, the wave achieved the target in any case. It is only necessary to confirm the end of the wave by descending below the bottom of the D wave at the level of 28654.
------
What if it exceeds the level of 61.8% at 30388, the upper limit will be the level of 32000
======
The inability to exceed 61.8%, this indicates weak buying power and the end of the wave is imminent
As we said earlier, this wave will take a long time and has consumed all the power determined for the length of this wave, so please be careful and follow the stop loss area at the level of wave D 28654
Note
This rise or this upward wave. I think it's the last bullish wave before descending and breaking the bottom
Therefore, this rise should be treated with caution
Note: The currencies did not respond well to the rise of Bitcoin, and this is the same movement that was manipulated before the last dro
Note
I just want to Confirm stop loss point 28654Note
Note
What do you think of the warning?
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